RE:Happy Hour ........ You Decide ........ Post by
winedocon Nov 20, 2023 5:47pm
"No One" knows when this worm will turn My take is ....... this gold aint staying in the ground with and Environmental Permit in hand Good Evening Folks Winedoc
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I appreciate your insight. When is someone going to step up with a half billion dollar investment to cover start up costs, cover the debt, and pay another .10 to current shareholders? Interest rates are high now.
(ps... i'm a bit annoyed today because DDD keeps twisting what I say to give the appearance I am not credible)
It looks like they have a good start on the latest .15 cent pp, especially the flow through part at .17. Those .17 cent flow through shares with the warrants cost the investor about .10. Hopefully Sgnl can fill this $2 million dollar placement, as they didn't fill the last one in June.
Interesting that they are only raising about $200 000 for operating costs, etc. Did they make a cost estimate error and need this $2 million to finish the current drilling program? Or is it to expand because of good results. I suspect the former, otherwise they would have stated so.
We should have results soon. Maybe they are amazing and that is why the low fund raise which will extend them a couple of months. Maybe that is all they could hope to get.
Maybe the results they got will be disappointing, and that is why they are not releasing them. If they have great results... they can't raise money in a pp without telling the shareholders about them first. jmho
pps... I normally just like your posts winedoc... but i think you referred to me a a basher(paranoia maybe), so your posts are really about as useful as DDD morning market depth.